CFTC to Host Cryptocurrency CEO Forum to Discuss Digital Asset Market Pilot Program

**SKYAI (BSC AI Project) Sees Explosive Presale Demand; BNB Chain Foundation Investment Surges in Value** On May 4, 2025, SKYAI—an AI initiative in the BNB Chain (BSC) ecosystem—rolled out an innovative community-led presale. Roughly 80% of its tokens were allocated to public participants, with the remaining 20% earmarked for liquidity support. Originally capped at 500 BNB, the presale blew past expectations: total subscriptions hit ~83,343 BNB, with over 110,000 participant addresses. This underscored fierce market interest in AI-related narratives at the time. **Early Participant ROI Example** A user who contributed 4 BNB (the full allocation) received ~38,000 SKYAI tokens after a 0.02 BNB deduction (returning 3.98 BNB). At the current market price of ~$0.60 per token, this holding is worth ~$22,000—delivering significant returns. **BNB Chain Foundation’s Investment Win** On-chain data and reports show the BNB Chain Foundation made two SKYAI purchases on May 12, 2025,

On May 4, market data from Bitget shows both U.S. Crude Oil and Brent Crude Oil prices climbed intraday. WTI Crude Oil surged more than 2% to $104.22 per barrel, while Brent Crude Oil gained 0.43% to top $108 per barrel after earlier falling more than 2%. Separately, on the news front, reports indicate the so-called U.S. Hormuz Operation will launch in a matter of hours. A spokesperson for Iran’s Ministry of Foreign Affairs, however, noted that current discussions about uranium enrichment are nothing more than speculation. “Our ongoing negotiations focus solely on ending the war—no other issues are on the table,” the spokesperson said. “We are in talks with Oman and need to establish a security protocol for vessels transiting the Strait of Hormuz.”

May 4: Iran’s Foreign Ministry spokesperson said current talks on uranium enrichment are all speculation. Ongoing negotiations only focus on ending the war—no other issues are included. Iran is in talks with Oman to develop a security protocol for safe ship passage through the Strait of Hormuz. (Source: Golden Finance)

On May 4, U.S. law firm Gerstein Harrow LLP filed a motion for a restraining order in court, seeking to block the Arbitrum DAO from transferring frozen Ethereum assets tied to the Kelp attack. The firm stated its client has secured default judgments totaling roughly $877 million (including punitive damages and interest) in three cases against North Korea, claiming a right to the related assets. Previously, on April 18, the Kelp DAO was hacked, resulting in losses of approximately $292 million—losses linked to the North Korean hacker group Lazarus Group. The Arbitrum Security Council subsequently froze around 30,766 Ether (valued at roughly $73 million at the time). The incident has sparked controversy. Some community members argue enforcing the restraining order would delay fund returns to affected users and shift North Korea-related liabilities to secondary victims. Earlier, Aave Labs proposed unfreezing the assets and directing them into a compensation fund to recover damaged a

On May 4th, decentralized exchange (DEX) platform Hyperliquid officially launched its HIP-4 Event Contract. On day one, the product’s nominal trading volume hit 6.05 million contracts—roughly 0.7% of total daily prediction market volume. For context, top prediction market platforms still hold a massive lead in daily trading volume: Kalshi (~546M contracts), Polymarket (~190M), Limitless (~68.26M), Crypto.com (~28.2M), Opinion (~25.72M), Predict.fun (~11.8M). Data indicates Hyperliquid has achieved a meaningful cold start in the event contract space despite its small initial scale, officially marking its entry into the competitive prediction market landscape. In the near term, top platforms retain an absolute liquidity edge—future growth will hinge on product design and user acquisition/migration capabilities.

On May 4th, Ethereum announced it successfully completed the **Glamsterdam Upgrade** on May 1st—marking the largest capacity expansion in its history by raising the block gas limit from 60 million to 200 million. This adjustment significantly boosts on-chain throughput, lowers costs for complex smart contract interactions, and aims to strengthen the high-performance public chain’s competitiveness. To tackle state bloat and operational strain on nodes from the expansion, the upgrade introduces **Verkle Trees** and a **State Expunging mechanism**: nodes can prune historical data older than one year and offload it to decentralized storage/archive nodes, keeping validator hardware requirements manageable. A **base fee smoothing mechanism** is also rolled out to mitigate gas fee volatility risks. The expansion has major Layer 2 ecosystem implications: thanks to reduced mainnet data settlement costs, Rollup costs are projected to drop by roughly 70%, spurring fee competition among l